Smartlands Rebrands While Polymesh and Algorand See Growing Adoption- Digital Securities Weekly

Smartlands Evolves in to ‘Definder’

Digital securities are partly intriguing as there are a plethora of sectors in which they can be utilized to bring new capabilities and efficiencies.  Smartlands, a tokenization platform based in the U.K., has showcased this on multiple occasions to date within both real estate and agricultural sectors.

Intent on growing/expanding, Smartlands has announced that ‘at the holding company level’ it will now be known as Definder.  This change in identity was made to better reflect the company’s intent on bringing its services to the mainstream.  It lists the following as a few new areas which it is targeting for tokenization.

• SME Company Shares
• Art
• Gold
• Profitable Assets

Definder CMO, Nataliia Britten, commented on the rationality behind this name change, stating, “The rebranding and the launch of a renewed company website allows us to gain a stronger position among DeFi companies. It is important to retain our established values and heritage, but at the same time, the new brand will reflect the growth and offering of the company. Definder stands for the new way in investing and crowdfunding, it will defend the rights of the asset owners and all types of investors for transparent and easy capital management and will help to find the best investment option for anyone.”

This expansion of assets earmarked for tokenization should help Definder achieve its longstanding goal of tokenizing more than 1 trillion in assets.

Tokenise to Adopt Digital Securities Blockchain ‘Polymesh’

Polymesh, the recently launched and tailor built blockchain for digital securities, has seen its first sign of major adoption.  It has announced that Tokenise, a young company regulated in Barbados, looking to launch a regulated stock exchange for digital securities in 2022, will officially be adopting Polymesh as its blockchain of choice.

With this partnership, eligible investors can expect to benefit from investment opportunities involving the following asset classes.

• Equity
• Bonds
• Funds
• Fractionalized Tokenization of Real Estate, Ships, Land
• Royalty Tokens for Musicians, Artists, etc.

Tokenise indicates that, “Investors can instantly and effortlessly deposit their money to buy the tokens that are right for them, with all trades executed through a regulated brokerage and on the regulated Tokenise Stock Exchange with added security and anti-money laundering (AML) checks.  Unlike NFTs and cryptocurrencies which are currently traded on unregulated markets.”

STOKR + Algorand

Digital securities companies and enthusiasts were just offered a bit of increased flexibility through issuance platform STOKR as it has announced the support of Algorand.

In its announcement, STOKR had high praise for the development team behind Algorand, stating, “Algorand, a smart contract blockchain founded by MIT professor Silvio Micali, is attracting all the right people for all the right reasons. Unlike some projects that consist mostly of entrepreneurs leading the venture, Algorand consists primarily of researchers and scientists.”

This support means that digital securities can now be created and issued through STOKR on a blockchain oft noted for its goal of being the ‘greenest’ of its kind.  To learn more about this endeavor, and what makes Algorand such an intriguing blockchain, click HERE.